Nanhai Aluminum Price

Nanhai aluminum price refers to the daily spot price benchmark for A00 aluminum ingots in Foshan, South China, published by the Nanhai Lingtong Nonferrous Metals Market, serving as the primary reference for physical trading in the region.

Nanhai prices command a ¥150-300/ton premium over Shanghai due to: 1) Higher quality standards (A00 purity ≥99.7%), 2) Logistics costs from Shanghai futures delivery points, 3) Strong manufacturing demand in the Pearl River Delta. As of June 2025, the premium averaged ¥210/ton.

Over 60% of South China manufacturers adopt 'Lingtong Benchmark + Processing Fee' pricing: 1) Raw material cost = Order date's Nanhai A00 price, 2) Final product price = Aluminum cost + fixed processing fee (¥800-2500/ton). This transfers price risk to buyers during volatile periods.

Key drivers include: 1) Guangdong power restrictions affecting smelters (e.g. 2024 Q3 output dropped 12%), 2) Imported bauxite costs (40% from Guinea), 3) Shanghai futures arbitrage activities, 4) Automotive demand cycles (auto parts consume 35% of regional supply).

Official data sources: 1) Foshan Lingtong updates at 11:30 AM CST daily, 2) Guangdong Nonferrous Exchange spot platform, 3) Nanhai warehouse inventory reports (published Wednesdays). Third-party platforms typically lag by 15-90 minutes.